TITLE

Hong Kong: Narrow Tax Base To Constrain Fiscal Stimulus

PUB. DATE
June 2009
SOURCE
Emerging Markets Monitor;6/1/2009, Vol. 15 Issue 9, p8
SOURCE TYPE
Country Report
DOC. TYPE
Article
ABSTRACT
The article reports on the tax reduction plan announced by the government of Hong Kong, China for fiscal year 2009 to help the economy to cope with the current recession. It also offers a look at the total fiscal stimulus and relief spending of the country. It discusses the revenue and economic forecast for the country. It relates that aside from tax cuts, the government also introduced the waiver of business registration fees.
ACCESSION #
40731811

 

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